8-K
filed April 1, 2025, 7:59 PM ET
ticker DELL
CIK 0001571996
debt
confidence high
sentiment neutral
materiality 0.55
Dell Technologies Inc. (DELL): debt financing — Dell completes $4B public offering of senior notes across four tranches
Dell Technologies Inc.
- $1B 4.750% notes due 2028, $1B 5.000% notes due 2030, $1B 5.300% notes due 2032, $1B 5.500% notes due 2035.
- Notes are senior unsecured, guaranteed by Dell Technologies, Denali Intermediate, and Dell Inc.
- Interest payable semi-annually on April 1 and October 1, starting October 1, 2025.
- Maturities: 2028 (4.750%), 2030 (5.000%), 2032 (5.300%), 2035 (5.500%).
- Change-of-control put at 101% of principal plus accrued interest.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Dell Technologies Inc. incurred senior notes of $1,000,000,000 with issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.) at 5.500% per year maturing April 1, 2035.
- Instrument
- senior notes
- Principal
- $1,000,000,000
- Counterparty
- issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.)
- Rate
- 5.500% per year
- Maturity
- April 1, 2035
- Event
- incurrence
Exact text from the filing
On April 1, 2025, two wholly-owned subsidiaries of Dell Technologies Inc. (the “Company”), Dell International L.L.C. and EMC Corporation (together, the “Issuers”), completed a public offering (the “Offering”) of (i) $1,000,000,000 aggregate principal amount of 4.750% Senior Notes due 2028 (the “2028 Notes”), (ii) $1,000,000,000 aggregate principal amount of 5.000% Senior Notes due 2030 (the “2030 Notes”), (iii) $1,000,000,000 aggregate principal amount of 5.300% Senior Notes due 2032 (the “2032 Notes”) and (iv) $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2035 (the “2035 Notes” and, together with the 2028 Notes, the 2030 Notes and the 2032 Notes, the “Notes”).
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Dell Technologies Inc. incurred senior notes of $1,000,000,000 with issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.) at 4.750% per year maturing April 1, 2028.
- Instrument
- senior notes
- Principal
- $1,000,000,000
- Counterparty
- issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.)
- Rate
- 4.750% per year
- Maturity
- April 1, 2028
- Event
- incurrence
Exact text from the filing
On April 1, 2025, two wholly-owned subsidiaries of Dell Technologies Inc. (the “Company”), Dell International L.L.C. and EMC Corporation (together, the “Issuers”), completed a public offering (the “Offering”) of (i) $1,000,000,000 aggregate principal amount of 4.750% Senior Notes due 2028 (the “2028 Notes”), (ii) $1,000,000,000 aggregate principal amount of 5.000% Senior Notes due 2030 (the “2030 Notes”), (iii) $1,000,000,000 aggregate principal amount of 5.300% Senior Notes due 2032 (the “2032 Notes”) and (iv) $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2035 (the “2035 Notes” and, together with the 2028 Notes, the 2030 Notes and the 2032 Notes, the “Notes”).
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Dell Technologies Inc. incurred senior notes of $1,000,000,000 with issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.) at 5.300% per year maturing April 1, 2032.
- Instrument
- senior notes
- Principal
- $1,000,000,000
- Counterparty
- issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.)
- Rate
- 5.300% per year
- Maturity
- April 1, 2032
- Event
- incurrence
Exact text from the filing
On April 1, 2025, two wholly-owned subsidiaries of Dell Technologies Inc. (the “Company”), Dell International L.L.C. and EMC Corporation (together, the “Issuers”), completed a public offering (the “Offering”) of (i) $1,000,000,000 aggregate principal amount of 4.750% Senior Notes due 2028 (the “2028 Notes”), (ii) $1,000,000,000 aggregate principal amount of 5.000% Senior Notes due 2030 (the “2030 Notes”), (iii) $1,000,000,000 aggregate principal amount of 5.300% Senior Notes due 2032 (the “2032 Notes”) and (iv) $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2035 (the “2035 Notes” and, together with the 2028 Notes, the 2030 Notes and the 2032 Notes, the “Notes”).
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
Dell Technologies Inc. incurred senior notes of $1,000,000,000 with issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.) at 5.000% per year maturing April 1, 2030.
- Instrument
- senior notes
- Principal
- $1,000,000,000
- Counterparty
- issuers: Dell International L.L.C. and EMC Corporation (wholly-owned subsidiaries of Dell Technologies Inc.)
- Rate
- 5.000% per year
- Maturity
- April 1, 2030
- Event
- incurrence
Exact text from the filing
On April 1, 2025, two wholly-owned subsidiaries of Dell Technologies Inc. (the “Company”), Dell International L.L.C. and EMC Corporation (together, the “Issuers”), completed a public offering (the “Offering”) of (i) $1,000,000,000 aggregate principal amount of 4.750% Senior Notes due 2028 (the “2028 Notes”), (ii) $1,000,000,000 aggregate principal amount of 5.000% Senior Notes due 2030 (the “2030 Notes”), (iii) $1,000,000,000 aggregate principal amount of 5.300% Senior Notes due 2032 (the “2032 Notes”) and (iv) $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2035 (the “2035 Notes” and, together with the 2028 Notes, the 2030 Notes and the 2032 Notes, the “Notes”).
View on SEC.gov
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